The second thing you need to do is wipe it down and put it in your secret hiding spot. They only made that gun about 3 years in the early 80's. It is highly collectible if the bluing is in good shape. The stock can be addressed. You might get twice what you paid for it.
Bluing looks purty dang good, just some muzzle wear, and little bit of rust here and there. I'm gonna give a good clean up in a few days, and yeah i talked with my buddy about it, and he told me to go ahead and jump on it so i did...